Kristen Stewart poses for the media at the World Premiere of the film "Snow White and the Huntsman" at a cinema in central London on May 14, 2012. Photo Credit: AP

Kristen Stewart, who shot to fame as Bella Swan in "The Twilight Saga" films and has a starring role in "Snow White and the Huntsman", jumped to the top of Forbes.com's annual list of highest-paid actresses on Tuesday.

The 22-year-old earned an estimated $34.5 million from May 2011 to May 2012 and pushed Angelina Jolie into fourth place.

"She (Stewart) is an up-and-coming star. She is earning a lot of money from one of the most successful franchises of all time. This is who you would expect to see right now," said Dorothy Pomerantz, Forbes Los Angeles bureau chief.

"This year you are seeing somebody young and at the brink of potentially great stardom sitting on the top of the list."

Oscar-winner Sandra Bullock, who largely took a break from filming after 2009's "The Blind Side", came third with $25 million.

Jolie, who topped last year's list along with Sarah Jessica Parker, dropped to the fourth spot with earnings of $20 million while Charlize Theron, Stewart's co-star in "Snow White and the Huntsman" who also appears in "Prometheus", trailed at $18 million, and rounded out the top five places.

Parker, whose 2011 film "I Don't Know How She Does It" brought in a disappointing $30 million at the worldwide box office, slipped to seventh place with a $15 million salary.

"She is almost earning more from her perfume and endorsement deals right now than from entertainment. That is true of a lot of women. They have these outside deals that are very lucrative. Angelina Jolie earns a lot from residuals, as does Sarah Jessica Parker," Pomerantz said.